Japanese Premier Fumio Kishida on Friday urged firms whose profits have returned back to pre-pandemic levels to boost wages at least 3 per cent during their labor talks in the spring of next year, with the aim to build a… Read More ›
Regulations & Legal
New South African Coronavirus Variant Prompts Alarmed Europe And Asia To Tighten Borders
Global authorities expressed alarm on Friday over a brand new coronavirus variant that was detected within South Africa, with the EU, Britain and India among the countries that announced tighter frontier controls. Scientists were trying to determine whether the mutation… Read More ›
Congo, Rich In Cobalt Deposits, To Promote Its Domestic Battery Making Industry
With the aim of gaining more benefits from its exports of minerals such as cobalt and copper, the Democratic Republic of Congo has developed plans for focusing on developing a domestic industry to manufacture battery capacity, said the country’s government… Read More ›
25% Pay Hike For Almost Two Million Workers Of Germany
Almost 2 million workers in Europe’s largest economy will get significant wage increases. Following protracted coalition discussions, three German political parties agreed to create a new government on Wednesday, with left-leaning Social Democrat Olaf Scholz expected to succeed Angela Merkel… Read More ›
‘Artificial Tightness’ In Energy Markets Criticises IEA Chief
The chairman of the world’s largest energy authority has criticized “artificial tightness” in energy markets for failing to take a supportive stance to calm skyrocketing oil and gas prices. ″[A] factor I would like to underline that caused these high… Read More ›
FCC reject China Telecom Corp’s bid to continue operations in the United States
In a statement the U.S. Federal Communications Commission (FCC) said, it has asked a federal appeals court to reject China Telecom Corp’s bid to continue providing services in the United States after it revoked authorization for the Chinese company to… Read More ›
Ruling by Poland’s Constitutional Tribunal widens possibility of Polexit
In a significant development that once again casts a shadow on the concept of the European Union, Poland’s Constitutional Tribunal ruled that the European Court of Human Rights has no power to question its appointment of judges. The ruling by… Read More ›
Release Of Global Oil Reserves Is ‘A Drop In The Ocean’, Says Goldman Sachs
According to Goldman Sachs analysts, a coordinated release of government oil reserves by a number of oil importing countries headed by the United States may add approximately 70 million to 80 million barrels of crude supply to the market, which… Read More ›
Israeli Spyware Company NSO Group Sued In US By Apple
Apple has filed a lawsuit against Israeli spyware business NSO Group and its parent company for allegedly using a hacking tool to target iPhone users. The Pegasus software from NSO can infect both iPhones and Android devices, giving operators access… Read More ›
$500 Mln Raised In Funding Round By Alternative Meat Maker Impossible Foods
The alternative meat maker Impossible Foods has secured more than $500 million in a fundraising round recently that was led by its current stakeholder Mirae Asset Global Investments. This successful funding round clearly indicates the rise in investor interest in… Read More ›
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